18/04/2016/AfDB “The greatest contributor to economic growth is not physical infrastructure, but brainpower, or ‘gray matter infrastructure’”, says Akinwumi Adesina, President of the African Development Bank. Malnourished children do not feed their brains or bodies, and “stunted children today leads to stunted economies tomorrow”, he said Saturday in Washington during […]
Tag: Economic Growth
IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%
March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria. The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]
DHL Says Africa’s Drop in GDP Growth will not Deter Investors
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- leading global brand in the logistics industry, Deutsche Post DHL said on Thursday despite Africa’s slight economic slowdown, investment in the continent will not be discouraged. “Over the past few years, Africa has been top of mind for foreign business investment, often referred to […]
